YEARLY HIGH
0.0270 ANG
YEARLY LOW
0.0249 ANG
YEARLY AVERAGE
0.0262 ANG

2024 GMD to ANG Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2024

During 2024, the GMD to ANG exchange rate experienced significant fluctuation. The market reached its absolute peak on February 4, valuing the pair at 0.0270. Conversely, the yearly low was recorded on December 22, dropping to 0.0249.

This high-to-low spread represents a total annual volatility of 0.0020 ANG. From a start-to-finish perspective, comparing the January average rate of 0.0268 to the December average rate of 0.0251, the exchange rate registered a net change of -6.31% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2024 high of 0.0270 was down 11.29% compared to the 2023 peak of 0.0304, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 GMD based on timing:

Yearly Peak High 135 ANG
2023 Average 145 ANG
Yearly Trough Low 125 ANG
Transaction Impact: A difference of 10.21 ANG purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2024.

0.0269
0.0249
JanuMarcMayJulySeptNove

GMD to ANG Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 0.0266, compared to 0.0258 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0008 points.

H1 Avg (Jan–Jun) 0.0266
H2 Avg (Jul–Dec) 0.0258

Volatility Range Comparison

Volatility

The most volatile month in 2024 was October, with a trading range of 0.0011 ANG (High: 0.0267 / Low: 0.0256). On the other end, April was the most stable month, with a tight range of 0.0002 ANG (High: 0.0266 / Low: 0.0265).

October Spread (Volatile) ±0.0011
April Spread (Stable) ±0.0002

Growth Streaks & Declines

Trends

Between March and June, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between July and August, when the average rate fell by 0.0008 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.0008

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2024: 0.0267) against the same month in 2023 (average: 0.0295), the exchange rate shifted by -0.0028 (-9.59%).

2024 Avg (February) 0.0267
2023 Avg (February) 0.0295

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 0.0268 0.0267 0.0268
February 0.0270 0.0265 0.0267
March 0.0266 0.0264 0.0265
April 0.0266 0.0265 0.0265
May 0.0267 0.0264 0.0266
June 0.0268 0.0265 0.0266
July 0.0266 0.0259 0.0266
August 0.0261 0.0253 0.0258
September 0.0264 0.0254 0.0259
October 0.0267 0.0256 0.0260
November 0.0256 0.0252 0.0253
December 0.0254 0.0249 0.0251